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Wealthsimple Reports “Biggest Quarter Ever” as It Nearly Doubles Assets Under Management in a Year

The company said new chequing and spending products helped drive the gains, as assets under administration rose 84.1% from a year earlier.

Summary by BetaKit
Wealthsimple says it has nearly doubled its assets under management since this time last year, according to a new quarterly report. The news: The Toronto FinTech company released its Q2 2026 business update on Wednesday evening. The report says the company increased its assets under administration by nearly 25 percent from last quarter, up to $155.6 billion CAD, which is just over 84 percent more than this time last year. The report also says We…

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FX News Group broke the news on Wednesday, July 29, 2026.
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